Another 10-15% drop at least. Buy the dip! ( I’m kidding)
The market is reacting a nd maybe overreacting about the proposed federal government budget cuts. It’s not any sort of tech stock sell off. AAPL is having a good day.
Last Thursday, Wedbush analysts Dan Ives talked up the the company's ability to navigate the cuts, writing "Palantir's unique software approach will enable the company to gain MORE ... budget dollars at the Pentagon ... not less despite these initial knee jerk reactions from the Street."
Edit: prob a post for the wealth board tho.
Another 10-15% drop at least. Buy the dip! ( I’m kidding)
The market is reacting a nd maybe overreacting about the proposed federal government budget cuts. It’s not any sort of tech stock sell off. AAPL is having a good day.
Last Thursday, Wedbush analysts Dan Ives talked up the the company's ability to navigate the cuts, writing "Palantir's unique software approach will enable the company to gain MORE ... budget dollars at the Pentagon ... not less despite these initial knee jerk reactions from the Street."
https://finance.yahoo.com/news/palantir-stock-plunges-extending-4-day-drop-on-reported-pentagon-budget-cuts-161047294.html